Community Economic Development Corporation Presentation

May 3, 2017

The Town of Sackville is pleased to present a workshop on the province’s new Community Economic Development (CEDC) program. Do you wonder how an individual can invest in community economic development in Sackville? Could your business benefit from this type of investment? New Brunswick is the latest province to implement legislation to enable community investment through the CEDC program. Individuals will now be able to purchase shares or securities in CEDCs in their local community to pool their resources together to invest in eligible community projects. CEDCs will be controlled by a local group of officers and directors.

This presentation will allow community members to learn more about what’s unique about the New Brunswick model for community investment, key lessons learned in establishing the CEDC legislation, and exactly how they work. The workshop will be presented by Jeff Harriman, Senior Analyst-Capital Markets, Financial and Consumer Service Commission (FCNB) and a representative of the Province’s Department of Finance. It will be held at Sackville Town Hall in Council Chambers on Wednesday, May 3 at 7 pm. This event is free. For more information email r.kellyspurles@sackville.com or phone 364-4938.